Government unveils support schemes for Divyangjans and sports
The Union government has proposed two targeted initiatives—Divyangjan Kaushal Yojana and Divyang Sahara Yojana—aimed at…
A budgetary signal as banks cannot bear it all
Budget 2026 has initiated, albeit limited, some important shifts in India’s approach to financial-sector reform. There are proposals to introduce a market-making framework for corporate bonds, develop total-return swaps and bond-index derivatives, establish an Infrastructure Risk Guarantee Fund, and recycle Central Public Sector Enterprises (CPSE) real estate assets through dedicated Real Estate Investment Trusts (REIT)….
Improving access to timely, adequate formal credit for MSMEs remains a key policy priority: RBI Governor
RBI Governor Sanjay Malhotra encouraged MSMEs to pursue formalisation, maintain credit discipline and adopt digital payments to build their long-term resilience and competitiveness, the RBI said. File Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday (February 16, 2026) emphasised that improving access to timely and adequate formal credit for MSMEs remains a key…
Gold eases ₹589 to ₹1.55 lakh/10g in futures trade
Representational file image. | Photo Credit: Reuters Gold prices eased by ₹589 to ₹1.55 lakh per 10 grams in the futures trade on Monday (February 16, 2026) due to bearish trend in the international markets. On the Multi Commodity Exchange (MCX), the yellow metal for April delivery fell ₹589, or 0.38%, to ₹1,55,306 per 10…
Caratix Jovella launches AI-designed luxury jewellery DAIMANTE
Sunny Kumar Singh, Founder & CEO, DIAMANTE Caratix Jovella, a leading luxury jeweller, has launched a new brand DAIMANTE that combines artificial intelligence–assisted design with traditional craftsmanship to create jewellery that reflects modern values without losing emotional depth. At DAIMANTE, every design begins with AI-generated forms inspired by nature, geometry and energy. These concepts are…
Rupee closes unchanged at 90.66 against U.S. dollar
Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The rupee settled flat at 90.66 (provisional) against the U.S. dollar in a range-bound trade on Monday (February 16, 2026), as positive momentum in domestic equities was offset by a strong US dollar in the overseas market. According to forex traders, lower crude oil…
Stock markets rebound nearly 1% on buying in power, banking stocks
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1% on Monday (February 16, 2026), driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79%, to close at 83,277.15. Follow:…
Demystifying home loan insurance for borrowers
It’s no wonder that home loan borrowing in India is growing at a 14% pace, as per official data. Owning a home is one of the most sought-after dreams in India, especially for the middle class income group. But what usually follows this dream is taking a loan to fulfill it. Most homebuyers in India…
Why two is better than one in a home loan
Image by jcomp on Freepik A co-applicant applies for a home loan along with the primary borrower and is equally liable for repayments. Usually, close family members, such as spouse, children and parents, can be added as co-applicants. Adding a co-applicant to your home loan not only improves your home loan eligibility, but also reduces…
Wholesale price inflation rises in January
In vegetables, inflation was 6.78% in January as against deflation of 3.50% in December. | Photo Credit: PTI Wholesale price inflation extended upward momentum for the third straight month, at 1.81% in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday…
Gold rates slip again; check rates in Chennai, Ahmedabad, Mumbai, Kolkata, Bengaluru, Delhi
File photo: UK gold bullion bars are stacked at Baird & Co in Hatton Garden in London, Britain. | Photo Credit: Hiba Kola Gold prices in India saw a decrease in all key cities. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a…
